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The Need For Faster Internet Speed Intensifies

The internet is an integral part of ensuring a business succeeds in a competitive marketplace, therefore a superfast connection is essential not just for surfing the web or checking emails but also for other benefits.

The competition between telecom companies to provide businesses with advanced internet services and high-speed broadband is intensifying and the demand is growing exponentially.

Here, Boldbusiness.com takes a look at the latest technological advances that are improving internet connections, and the services telecom companies provide to build businesses.

Better broadband enables business owners a more superior level of support for the services they require to run their operations effectively.

Greater bandwidth capacity, better video calls, larger storage, faster transfer speeds, app use, and systems run on a cloud-based platform are all necessitates in today’s technological age.

According to Forbes.com, the United States is lagging South Korea and Japan in connection speeds. But, as stateside companies embrace the internet and develop technologies, the gap between these nations will close in the foreseeable future.

To improve services provided to Americans and to increase the United States’ position as a leading technology hub, the US Federal Communications Commission (FCC) has taken a major step towards making 5G connectivity a reality before 2020.

The FCC plan to “open up high-band spectrum above 24 GHz, which could set a foundation of high capacity to drive 5G connectivity and stronger Internet of Things (IoT) deployments.”

These decisions will make the US the first country to officially designate high-band spectrum for 5G use, which will send a message to its competitors that the US is ahead in the global technology race.

Meanwhile, the rise of both consumer and business demand for more bandwidth has compelled internet service providers (ISPs) to improve their infrastructures.

Wireless internet service providers (WISPs) are enabling customers a service without cables and more established satellite television providers are allowing high-speed internet connections through their already existing services.

Leading ISPs are competing to provide their customers with market leading and affordable services. A prime example of this is CenturyLink who is committed to achieving broadband speeds of at least 40 megabits per second for their customers by 2019.

As the number of internet users throughout America grows, more data is being used, and different applications are running at the same time, so the need for a faster and more reliable internet connection has never been more evident as it is now.

As technological advancements improve the options available to customers, ISPs are making sure they fight to deliver the best, fastest and most affordable internet connections on the market. Not only is this competition good for keeping costs down but also helps to promote innovation.

The Demand For Medical Marijuana Is High

The effects of cannabis use have been debated and deliberated for many years to determine what medical benefits it can provide the human body.

Following several provable cases of improvement to patients suffering with neurological conditions such as multiple sclerosis and epilepsy, more advanced testing of marijuana for medical purposes has been commissioned by organizations right around the world.

Here, Bold Business looks at the increase of cannabis use in the medical field and how the sector is set to grow exponentially over the coming years.

A report released by New Frontier projects that Florida’s medical cannabis market will grow to 1.6 billion USD by 2020, California’s will reach 2.6 billion USD, and Colorado is projected at 1.5 billion USD.

Not only is the medical field reaping the rewards of legalized marijuana use but other sectors are slowly incorporating it into their products to aid those benefiting from the medical effects. Cannabis is being used in edible products, drinks, nutraceuticals (nutritional supplements) and much more.

According to statistics on Financialbuzz.com, the global nutraceuticals market is expected to reach 240 billion USD by 2019, which is “driven by increasing health concerns, growing government support, aging populations, and advancing per capita incomes.”

NutraFuels, a leading manufacturer of nutritional supplements, is to launch a new hemp-based cannabidiol to add to its extensive line of nutraceutical products. They claim their products have improved health benefits and an increased absorption rate, while the financial benefits have also increased.

Following several months of research, testing and product development, Marijuana Company of America has expanded right across the United States and has started to export its hempSMART Brain product around the world.

Meanwhile, Cannabis Science develops, produces, and commercializes Phyto cannabinoid pharmaceutical products primarily in the United States. The company helps to “develop medications for autism, blood pressure, cancer and cancer side effects, along with other illnesses involving general health maintenance.”

The same company famously developed the CS-TATI-1, targeted at patients infected with drug resistant strains of HIV. While other drugs were developed to “treat basal and squamous cell carcinomas; and a proprietary cannabis-based therapy for neurological conditions.”

Although the psychological effects of marijuana have yet to be fully determined, there have been many claims that it can cause depression or more serious mental conditions like psychosis, there is no doubting the medical benefits cannabis can provide.

Organizations are perfecting tests, production and the use of medical cannabis to ensure the side effects are minimal and the product is safe for worldwide distribution. It is no wonder the cannabis sector is expanding exponentially as this little green ‘weed’ helps to improve the lives of millions around the world on a daily basis.

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